Sustainable economy

Annual business plans, annual company plan

Companies usually develop business plans when making an investment, especially when they are required by the bank. However, they rarely prepare business plans for their own needs. The same goes for annual plans. Many companies do not make annual plans. Some think there is no need, others find it a waste of time. However, for companies with a 100-year history, the annual plan is the basis for forecasting and monitoring performance. Plans are prepared on a monthly or quarterly basis.

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